Micex Climbs 1st Day in 3 as Ruble Gains: Russia Reality Check

October 17, 2014 2:56 PM

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Markets are reacting in real time to tension in Ukraine following Russia’s March incursion into Crimea and subsequent annexation of the Black Sea peninsula.

The Micex Index rose 1.8 percent to 1,384.72 at the close in Moscow, paring its decline since Feb. 28, the day before President Vladimir Putin’s incursion, to 4.2 percent. The ruble gained 0.7 percent to 40.5695 per dollar, trimming to 12 percent its loss in the period. The yield on local-currency b...

Also read: European stock gains tempered by oil concerns

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